Every ASX sector except mining and telecommunications finished higher, with energy rising the most. -AAP Image
The Australian share market has closed higher after weak overnight economic data in the United States again raised hopes for an end to the interest rate hiking cycle.
Hold tight - we’re checking permissions before loading more content
The benchmark S&P/ASX200 index on Wednesday finished up 39.9 points, or 0.55 per cent, at 7,323.7.
The broader All Ordinaries gained 41.5 points, or 0.55 per cent, at 7,538.2.
The Australian dollar was buying 67.84 US cents, down from 68.21 US cents at Tuesday's ASX close.
12°C